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Firetail Resources Limited ( (AU:M79) ) just unveiled an announcement.
Mammoth Minerals Limited has issued 64,385,000 fully paid ordinary shares and is considering a demerger and IPO for its Blue Dick and Skyline projects. The company is also finalizing documentation for the Paterson transaction, indicating strategic moves to optimize its portfolio and potentially increase shareholder value.
The most recent analyst rating on (AU:M79) stock is a Hold with a A$0.13 price target. To see the full list of analyst forecasts on Firetail Resources Limited stock, see the AU:M79 Stock Forecast page.
More about Firetail Resources Limited
Mammoth Minerals Limited is a company focused on the exploration and development of mineral projects, primarily in the USA and Canada. Its flagship projects include the Excelsior and Bella Gold Projects, with additional interests in the Blue Dick Silver-Copper-Antimony-Gold Project in Nevada and the Skyline Copper-Silver-Zinc Gold Project in Newfoundland.
Average Trading Volume: 815,422
Technical Sentiment Signal: Buy
Current Market Cap: A$61.82M
For an in-depth examination of M79 stock, go to TipRanks’ Overview page.